Discuss the concepts of stakeholder theory

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As an experienced and prosperous tour operator specialising in NZ travel destinations you have been asked to open an outlet within a new mixed-use development situated on the waterfront in central Sydney to promote New Zealand to Australians. The development includes plans for a contemporary hotel, upmarket retail precinct including restaurants and a night club. The developer, architect and interior designers have prepared a modern stylish concept and a well-known marketing agency has also been retained to promote the venture.

Discuss the concepts of stakeholder theory then highlight the major advantages and disadvantages of entering into this type of inter--organizational relationship. Discuss two examples of how the relationship between you, the night club owner, the retail precinct and the hotel management team could work to be a success for all parties.

Reference no: EM132172707

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